Posts tagged: Compagnie Financière Richemont
Monday, 1 January 2024, 11:30 am
The newspapers' New Year's predictions roll on into New Year's day.
This time it is the FT's turn to wildly speculate about deals that might happen in 2024.
And hacks at the venerable newspaper aren't holding back. Adrienne Klasa, for example, seems to think that Bernard Arnault, the billionaire boss of LVMH, is keen to do another major deal and may be thinking about Switzerland-listed Compagnie Financiere Richemont, the company that owns Cartier...
Read more...
Betaville IntelligenceWednesday, 24 August 2022, 5:09 pm
Farfetch, the US-listed luxury fashion plaftorm, finally announced a deal although it wasn't quite in the form little old Betaville had originally heard.
Effectively, Compagnie Societe Richemont - the Switzerland-listed luxury goods company - is intially folding online fashion retailer Yoox Net-a-Porter into Farfetch and getting an 11pc stake in the online group. Richemont is also writing down EURO 2.7 billion as part of the transaction...
Read more...
Betaville IntelligenceWednesday, 27 July 2022, 7:24 pm
Farfetch, the US-listed online fashion retailer, is at the centre of takeover speculation.
People following the situation have heard talk Farfetch has attracted bid interest.
Recent reports have suggested Compagnie Financiere Richemont, the Switzerland-listed luxury good company, has been exploring a deal that would see its Yoox Net-a-Porter division combined with Farfetch...
Read more...